Strong Warning on the Pan-European Personal Pension Product: BETTER FINANCE once again asks EU Legislators not to Mislead EU Citizens on the so-called Capital “Protection”

With the ECON committee voting on the PEPP Regulation around the corner, BETTER FINANCE warns one last time that true capital protection implies that the notion of “capital” must be calculated on the basis of the amounts saved before the deduction of all accumulated fees, charges and expenses directly or indirectly borne by investors, and if possible in real terms (offsetting the negative impact of inflation over time).